With this fundraising, the total amount put in by angel investors in the company till date has risen to Rs 12 crore.Town Essentials, a Bengaluru-based full-service grocer that supplies to both institutions and consumers, has raised $1 million (about Rs 6.7 crore) in a fresh round of angel funding from a clutch of high-networth individuals. With this fundraising, the total amount put in by angel investors in the company till date has risen to Rs 12 crore.

The participants in this round in cluded Infosys' first non-founder employee Sharad Hegde as the lead investor; former Workday executive Girish Reddy; Siddharth Patil, head of data science at the TellApart division at Twitter; and existing investor Shrikant Patil. The investors will be part of the company's governing council.

The company, which gets about 200 orders a day in Bengaluru, plans to use the funds for marketing activities aimed at customer acquisition. “We will make our basket of private labels stronger by adding new products, im prove back-end manufacturing and spend on advertising," said Amar Murthy, founder and CEO of Town Essentials. The company has launched a new platform called Morning Drop that will focus on subscription-based products such as milk, bread and eggs. Alongside, it plans to ramp up customer base to about 10,000 and launch a mobile app for customers to order from.

“Most startups fail because founders don't have the personality to weather the ups and downs," said Siddharth Patil.

“A divorce could reshape the global wealth ranking. If the couple split their fortune equally, it could leave wife MacKenzie with $69 billion, making her world’s richest woman. It could also make Microsoft's Bill Gates the planet’s richest person once again,” reported Bloomberg. Amazon founder Bezos was dating Lauren Sanchez, a 49-year-old ex-news anchor.